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6 Beds
2 Baths

$220,000

434 16th Avenue, Rockford IL, 61104

Built in1923
Property typeMulti-family
Listed by Marisol Randazzo with RE/MAX Plaza 708-289-0392

Overview

Active

Listed Jul 17, 2026

Updated 4 days ago

Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1-bath apartments, each capable of generating no less than $1,200 per month in rental income. Numerous 2025 updates include fresh paint throughout, all new windows, new HVAC and central A/C, new flooring, and a new refrigerator and stove in the first-floor unit. Separate entrances and functional layouts make this an ideal opportunity for investors or owner-occupants alike. A detached 495 SF outbuilding/garage with an upper level offering exceptional flexibility for storage, a workshop, hobby space, or future creative use. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential! SOLD AS-IS

$1,464/mo

Est. mortgage payment based on a $220,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12708960

Interior Features

Bedrooms
6
Bathrooms
2
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$1,500
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Marisol Randazzo with RE/MAX Plaza 708-289-0392

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Tamara OConnor Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 3:37 AM UTC on 10/6/2026. 

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